SMITH GREG C 4
4 · LEAR CORP · Filed May 20, 2024
Insider Transaction Report
Form 4
LEAR CORPLEA
SMITH GREG C
Director
Transactions
- Exercise/Conversion
Common Stock
2024-05-16+2,392→ 2,392 total - Exercise/Conversion
Restricted Stock Units
2024-05-16−2,392→ 0 total→ Common Stock (2,392 underlying) - Award
Restricted Stock
2024-05-16+2,255→ 2,255 total→ Common Stock (2,255 underlying)
Holdings
- 13,891(indirect: By Children)
Common Stock
Footnotes (4)
- [F1]The restricted stock units vested and settled in common stock on May 16, 2024.
- [F2]Shares held by the Ann Cournoyer Smith Irrev Trust (the "Trust") for the benefit of Reporting Person's children. Reporting Person is the trustee of the Trust. The Reporting Person disclaims beneficial ownership of the shares held by the Trust and this report should not be deemed an admission that the Reporting Person is the beneficial owner of the Trust's shares for purposes of Section 16 or any other purpose.
- [F3]Each restricted stock unit is convertible into common stock on a 1-for-1 basis.
- [F4]The restricted stock units were granted on May 16, 2024, under the Lear Corporation 2019 Long Term Stock Incentive Plan. The restricted stock units vest and settle in common stock on the earlier of (i) the first anniversary of the grant date or (ii) the date of the next annual meeting of stockholders following the grant date.